Atb Cap Markets Issues Optimistic Forecast for CNI Earnings

Canadian National Railway (NYSE:CNIFree Report) (TSE:CNR) – Analysts at Atb Cap Markets boosted their Q2 2025 earnings per share (EPS) estimates for shares of Canadian National Railway in a research report issued on Monday, October 14th. Atb Cap Markets analyst C. Murray now forecasts that the transportation company will post earnings of $1.50 per share for the quarter, up from their previous estimate of $1.48. The consensus estimate for Canadian National Railway’s current full-year earnings is $5.54 per share. Atb Cap Markets also issued estimates for Canadian National Railway’s FY2025 earnings at $6.20 EPS.

Several other equities analysts also recently weighed in on the company. Stifel Nicolaus decreased their target price on Canadian National Railway from $133.00 to $130.00 and set a “hold” rating on the stock in a research report on Friday, October 11th. Wells Fargo & Company upgraded Canadian National Railway from an “equal weight” rating to an “overweight” rating and set a $125.00 price objective for the company in a research report on Monday, October 7th. Susquehanna lowered their price target on Canadian National Railway from $135.00 to $130.00 and set a “neutral” rating for the company in a research report on Wednesday, July 24th. Sanford C. Bernstein lowered their price objective on shares of Canadian National Railway from $130.67 to $126.29 and set a “market perform” rating for the company in a research note on Wednesday, October 9th. Finally, Barclays boosted their target price on Canadian National Railway from $120.00 to $121.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 25th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Canadian National Railway has a consensus rating of “Hold” and an average target price of $126.02.

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Canadian National Railway Stock Performance

NYSE:CNI opened at $114.42 on Thursday. The stock has a market capitalization of $72.06 billion, a PE ratio of 18.34, a P/E/G ratio of 2.56 and a beta of 0.88. Canadian National Railway has a fifty-two week low of $103.96 and a fifty-two week high of $134.02. The company has a fifty day moving average of $115.89 and a two-hundred day moving average of $120.29. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.48 and a current ratio of 0.63.

Canadian National Railway (NYSE:CNIGet Free Report) (TSE:CNR) last posted its earnings results on Tuesday, July 23rd. The transportation company reported $1.84 EPS for the quarter, missing analysts’ consensus estimates of $1.93 by ($0.09). The business had revenue of $4.33 billion for the quarter, compared to analyst estimates of $4.40 billion. Canadian National Railway had a net margin of 32.00% and a return on equity of 23.58%. Canadian National Railway’s revenue was up 6.7% on a year-over-year basis. During the same quarter last year, the business earned $1.31 earnings per share.

Institutional Trading of Canadian National Railway

Hedge funds have recently added to or reduced their stakes in the stock. Manning & Napier Advisors LLC purchased a new position in Canadian National Railway in the second quarter worth $134,096,000. Koshinski Asset Management Inc. purchased a new position in shares of Canadian National Railway in the 1st quarter valued at about $627,000. Mediolanum International Funds Ltd acquired a new stake in shares of Canadian National Railway in the first quarter valued at about $4,451,000. Sumitomo Life Insurance Co. purchased a new stake in Canadian National Railway during the second quarter worth about $1,321,000. Finally, Maryland State Retirement & Pension System grew its position in Canadian National Railway by 52.6% during the first quarter. Maryland State Retirement & Pension System now owns 30,442 shares of the transportation company’s stock worth $3,836,000 after buying an additional 10,496 shares during the period. 80.74% of the stock is owned by institutional investors and hedge funds.

Canadian National Railway Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 6th were given a dividend of $0.614 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 2.15%. Canadian National Railway’s dividend payout ratio (DPR) is presently 39.26%.

Canadian National Railway Company Profile

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Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.

See Also

Earnings History and Estimates for Canadian National Railway (NYSE:CNI)

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